KNIGHT RIDDER INC 4
4 · KNIGHT RIDDER INC · Filed Jul 7, 2006
Insider Transaction Report
Form 4
MCCRAY RONALD D
Director
Transactions
- Disposition to Issuer
Common Stock
2006-06-27−2,192.753→ 0 total - Exercise/Conversion
Common Stock
2006-06-27+160.91→ 160.91 total - Sale
Common Stock
2006-06-27$60.70/sh−160.91$9,768→ 0 total - Exercise/Conversion
Phantom Share Units
2006-06-27$60.70/sh−160.91$9,768→ 0 total→ Common Stock (160.91 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-06-27−5,000→ 0 totalExercise: $63.86Exp: 2015-12-16→ Common Stock
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between issuer and The McClatchy Company in exchange for $87,710.13 in cash, 1,122 shares of McClatchy Class A common stock having a closing market value of $39.03 per share on the effective date of the, merger and cash in lieu of fractional shares.
- [F2]This option, which became entirely exercisable on June 20, 2006, was canceled in the merger for no consideration because the exercise price exceeded the value of the merger consideration.
- [F3]Phantom share units are credited under Compensation Plan for Nonemployee Directors and are paid in a lump sum in cash upon termination of service as a Director.